Boobook Road, Sunbury VIC (4 beds)

Description

This is a co-living investment property located in Redstone Estate, Sunbury, Victoria. The property features a modern design, offering four bedrooms, four bathrooms, and a two-car garage. With a total house area of 205.39m², the home is designed to provide shared living opportunities with private and communal spaces. The property is situated in a high-growth area, with excellent access to local amenities, transport, and future developments.

Suburb profile:

Sunbury is a well-established suburb in Victoria, approximately 39 km northwest of Melbourne’s CBD. Known for its blend of urban convenience and semi-rural charm, Sunbury offers a range of amenities, including shopping centers, schools, parks, and transport links. The area has seen steady population growth and development, making it an attractive location for investors. Sunbury’s strategic location provides easy access to the Melbourne Airport and key transport corridors.

Site Inclusions:

• Engineer Site Assessment & Survey
• Building Permit
• Energy Rating Report (minimum 7-star)
• Bushfire (BAL) Compliance (where applicable)
• Stormwater, Sewer, Water & Single-Phase Underground Power (to existing infrastructure)
• Recycled Water (where applicable)
• NBN run-in to the front of the home (where available)
• Telephone, Electricity & Gas by Builder; Connection Fees by Owner
• Engineer Designed Slab – Up to P Classification (no piers or suspended slab allowed)
• Rock excavation & removal allowance included (explosives & core drilling not included)
• Termite Treatment
• Temporary Fencing
• Site Signage & Waste Management to meet Council Requirements

Preliminary Inclusions:

• 3-month maintenance period
• 10-year structural warranty

Internal Inclusions:

• 2590mm high (nominal) ceiling heights on the ground floor
• 2440mm high (nominal) to 1st floor (if applicable)
• Water-based acrylic paint to all walls & ceilings
• Gloss enamel water-based paint to internal doors, architraves, skirting boards, and door jambs
• 10mm plasterboard to walls & ceilings
• Water-resistant plasterboard to all wet areas
• Carpet to bedrooms & lounge (design specific)
• Laminate timber-look flooring to family living areas & kitchen

External Inclusions:

• Engineer-designed wall frames & roof trusses
• Face brickwork with rolled joints & natural color mortar
• Acrylic rendered features to the front facade (design specific)
• Rendered lightweight cladding or painted cement sheet cladding
• Painted infill above the garage door (design specific)
• Concrete roof tiles
• Colorbond fascia, guttering, and downpipes
• Feature aluminum windows to front facade (design specific)
• Aluminum windows & external doors
• Keyed locks provided to all openable windows and doors
• Aluminum-framed flyscreens to all openable windows
• Feature front entry door with a programmable lockset and PIN code keypad

Landscaping Inclusions:

• Coloured concrete driveway & path to the front porch
• Turf to front & rear garden
• Lilydale / Tuscan toppings (as determined by Builder)
• Drought-resistant planting with mulch (extent determined by Builder)
• Letterbox
• Ground-mount folding clothesline
• Landscaping design to be determined by Builder

Electrical Inclusions:

• White LED downlights throughout
• White LED downlights to entry & covered outdoor areas
• Fluorescent strip light to garage
• Floodlight with sensor outside external doors (design specific)
• Double power points throughout
• Single power points to fridge and dishwasher space
• 1 TV point in the living area (antenna not included, cable coiled in roof space)
• Telephone / Data points in kitchen & bedrooms
• Ducted exhaust fans with timer to bathroom, ensuite, laundry, and powder rooms
• White wall-mounted switches & power outlets
• White smoke detectors hardwired with battery backup
• RCD Safety Switch

Appliance Inclusions:

• 900mm stainless steel electric oven
• 900mm electric cooktop
• 900mm stainless steel rangehood
• Freestanding under-bench stainless steel dishwasher
• Microwave provision (design specific)
• 1 & ¾ bowl stainless steel sink with mixer tap

Upgraded Inclusions:

• $14,100 upgrade available for a multi-head split system in bedrooms & living areas

Energy Efficiency:

• Minimum 7-star energy rating
• Insulation to all external walls & ceilings based on home-specific energy rating report
• Heat pump with natural gas booster OR Electric Heat Pump (if gas is not available)
• PV System to meet energy rating requirements

Warranties:

• 3-month maintenance period
• 10-year structural warranty

Conclusion:

This co-living property in Sunbury presents an attractive investment opportunity, offering a turnkey solution with modern inclusions and energy-efficient design. With high rental potential and strong capital growth in the area, this home is well-suited for investors looking for a high-yield co-living asset.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing